14.        **LIMITATION OF LIABILITY**. 

 **(a)**Lessee agrees to indemnify and hold harmless Lessor and its respective officers, directors, partners, employees, shareholders, agents and
affiliates (collectively, **“Representatives”**) from any claim, damage, loss, or reasonable expense (including reasonable attorney’s fees) resulting from damage to any property (including the Aircraft) or for bodily injury to or
death of any person(s) caused by an occurrence and arising out of the possession, maintenance or use of the Aircraft during the Lease Term; except (i) to the extent caused by the gross negligence or willful misconduct of Lessor, or its
Representatives, or (ii) relating to any claim, damage, loss or reasonable expense of Lessor or its Representatives to the extent covered by the proceeds from the insurance policies required under **Section 12** hereof.